7. Be Careful Not to Overpay For Items at the Thrift Shop You Can Get Cheaper Somewhere Else
One of the most common mistakes that I see people make when they buy things from a thrift store is that they assume that they are getting the cheapest price possible. In reality, the prices of the objects being put on the shelves are being made up by the employees. Sometimes a manager will intervene, but most of the time it’s a guessing game. There have been multiple occasions where I walked into a thrift store and saw an object selling for more than what it was actually worth. Even Dollar Tree items had been marked up to $2 to $3, and people bought them anyway.
I’ll never forget the time when I went to the Goodwill Outlet and a woman was filling her cart with plastic clothing hangers. She was excited, and said that she couldn’t believe that no one else was going after these hangers, too. In her mind, she found a goldmine, since everything was $1 per pound. When I told her that she could buy 5 plastic hangers for $1 at the Dollar Tree, her face dropped. She realized that she had made a mistake, but she went ahead and bought them anyway. In reality, she overpaid for something used she could get brand new somewhere else.